Form T5013 Schedule 444 Eligible Yukon Ucc Worksheet for Partnerships - Canada

The Form T5013 Schedule 444 Eligible Yukon UCC Worksheet for Partnerships in Canada is used to calculate the Yukon resource expenditures that can be deducted by each partner in a partnership. It helps determine the eligible expenses related to oil and gas or mineral exploration and development in the Yukon.

Partnerships in Canada file the Form T5013 Schedule 444 Eligible Yukon UCC Worksheet.

FAQ

Q: What is Form T5013 Schedule 444?
A: Form T5013 Schedule 444 is a worksheet for partnerships in Canada to calculate the eligible Yukon UCC (Undepreciated Capital Cost).

Q: Who needs to file Form T5013 Schedule 444?
A: Partnerships in Canada that have eligible capital property located in Yukon need to file Form T5013 Schedule 444 to calculate the eligible Yukon UCC.

Q: What is eligible Yukon UCC?
A: Eligible Yukon UCC refers to the undepreciated capital cost of capital property located in Yukon that qualifies for certain tax benefits.

Q: What does the Form T5013 Schedule 444 worksheet do?
A: The Form T5013 Schedule 444 worksheet helps partnerships calculate the eligible Yukon UCC by considering various factors such as capital cost, capital additions, capital disposals, and other adjustments.

Q: When is the deadline to file Form T5013 Schedule 444?
A: The deadline to file Form T5013 Schedule 444 is usually the same as the deadline for filing the partnership's T5013 return, which is generally within six months after the end of the partnership's fiscal year.